Beta Technologies IncBeta Technologies Inc
Beta Technologies Inc

Beta Technologies Inc

BETA
Industrials·Aerospace & Defense

BETA Technologies, Inc. is an electric aerospace company focused on designing, manufacturing, and selling high-performance aircraft, propulsion systems, and charging systems. The firm designs and manufactures the ALIA, a family of electric aircraft with a conventional takeoff and landing (CTOL) and vertical takeoff and landing (VTOL) variant. It serves cargo, logistics, defense, passenger, and medical end markets and operates a growing network of charging sites across the U.S. and internationally. The company was founded by Kyle B. Clark in 2017 and is headquartered in South Burlington, VT.

Vermont; U.S.A
Market cap
$4.8BNo data
Revenue
$35.6M+136.0% YoY
Net income
$-745.9M−170.6% YoY
Free cash flow
$-313.2M−7.5% YoY

Market

Listed stock
BETAPriceNYSE
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Financial performance

Revenue
$35.6M+136.0% YoY
Operating income
$-372.7M−36.9% YoY
Net income
$-745.9M−170.6% YoY
Free cash flow
$-313.2M−7.5% YoY

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2023 $15.4M, 2024 $15.1M, 2025 $35.6M. Operating income: 2023 $-186.6M, 2024 $-272.2M, 2025 $-372.7M. Net income: 2023 $-175.6M, 2024 $-275.6M, 2025 $-745.9M. Free cash flow: 2023 $-310.3M, 2024 $-291.5M, 2025 $-313.2M. Reference line: Reference at $0.

Growth & profitability

Revenue growth
136.0%+13772 bps YoY
Gross margin
No dataNo data
Operating margin
No dataNo data
FCF margin
No dataNo data

Earnings power over time

Operating income
Net income
Free cash flow
Operating income: 2023-12-31 $-186.6M, 2024-12-31 $-272.2M, 2025-12-31 $-372.7M. Net income: 2023-12-31 $-175.6M, 2024-12-31 $-275.6M, 2025-12-31 $-745.9M. Free cash flow: 2023-12-31 $-310.3M, 2024-12-31 $-291.5M, 2025-12-31 $-313.2M

Growth heatmap

20242025CAGR
Revenue
-1.7%
+136.0%
No data
Gross profit
-20.7%
+143.2%
No data
Operating income
-45.9%
-36.9%
No data
Free cash flow
+6.1%
-7.5%
No data

Earnings quality

Operating cash flow
$-267.8M−20.3% YoY
Net income
$-745.9M−170.6% YoY
Free cash flow
$-313.2M−7.5% YoY
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2025-12-31 36%, 2024-12-31 81%, 2023-12-31 90%. Free cash flow: 2025-12-31 42%, 2024-12-31 106%, 2023-12-31 177%. Reference line: Net income = 100% at 100%.

Per-share economics

Diluted EPS
Latest
No data
FCF / share
Latest
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Diluted shares
Latest
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Financial flexibility

Cash & equivalents
No dataNo data
Total debt
No dataNo data
Net debt
No dataNo data
Current ratio
No dataNo data

Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
No dataNo data
Return on assets
No dataNo data
Return on invested capital
No dataNo data
Asset turnover
No dataNo data

Return on capital

No data

Valuation

Price to earnings
No dataNo data
Price to sales
No dataNo data
EV / EBITDA
No dataNo data
Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
No data
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No data
Price to sales
No data
No data
No data
No data
EV / EBITDA
No data
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Free cash flow yield
No data
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